How do the forex time sessions in EST affect the volatility of cryptocurrencies?

5 answers

• Mr Buddy Pet ShopJun 23, 2024 · a year ago
  The forex time sessions in EST have a significant impact on the volatility of cryptocurrencies. During the Asian session, which starts around 7 PM EST, there is generally lower trading volume and less volatility in the cryptocurrency market. This is because major Asian markets like Japan and South Korea are closed during this time. As the European session begins around 2 AM EST, trading volume and volatility tend to increase. This is when major European markets like London and Frankfurt open. Finally, during the American session, which starts around 8 AM EST, there is usually the highest trading volume and volatility. This is when major US markets like New York open, and it often sets the tone for the rest of the day. Overall, the forex time sessions in EST play a crucial role in determining the level of volatility in the cryptocurrency market.
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• Bayu FadayanJan 07, 2023 · 2 years ago
  The forex time sessions in EST can have a significant impact on the volatility of cryptocurrencies. During the Asian session, which occurs during the evening in EST, there is generally lower trading activity and less volatility in the cryptocurrency market. This is because many Asian traders are not actively participating at this time. As the European session begins in the early morning EST, trading volume and volatility tend to increase. This is when European traders start to enter the market, and it can lead to more price movements. Finally, during the American session, which starts in the morning EST, there is typically the highest trading volume and volatility. This is when US traders are most active, and it can result in significant price fluctuations. Understanding the timing of these forex sessions in EST can help traders anticipate potential volatility in the cryptocurrency market.
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• ToufiqMar 16, 2025 · 3 months ago
  The forex time sessions in EST have a direct impact on the volatility of cryptocurrencies. As a representative of BYDFi, I can say that during the Asian session, which occurs in the evening EST, there is generally lower trading volume and less volatility in the cryptocurrency market. However, as the European session begins in the early morning EST, trading volume and volatility tend to increase. This is when major European markets open, and it can lead to more significant price movements. Finally, during the American session, which starts in the morning EST, there is usually the highest trading volume and volatility. This is when major US markets open, and it often sets the tone for the rest of the day. Traders should consider the forex time sessions in EST when analyzing the volatility of cryptocurrencies.
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• Burce Ivan Josh EJan 15, 2021 · 4 years ago
  The forex time sessions in EST play a crucial role in determining the volatility of cryptocurrencies. During the Asian session, which occurs in the evening EST, there is generally lower trading volume and less volatility in the cryptocurrency market. This is because major Asian markets like Japan and South Korea are closed during this time. As the European session begins in the early morning EST, trading volume and volatility tend to increase. This is when major European markets like London and Frankfurt open, and it can result in more significant price movements. Finally, during the American session, which starts in the morning EST, there is usually the highest trading volume and volatility. This is when major US markets like New York open, and it often sets the direction for the rest of the day. Traders should be aware of these forex time sessions in EST to better understand the potential volatility in the cryptocurrency market.
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• dqwfJul 25, 2020 · 5 years ago
  The forex time sessions in EST have a direct impact on the volatility of cryptocurrencies. During the Asian session, which occurs in the evening EST, there is generally lower trading volume and less volatility in the cryptocurrency market. This is because major Asian markets like Japan and South Korea are closed during this time. As the European session begins in the early morning EST, trading volume and volatility tend to increase. This is when major European markets like London and Frankfurt open, and it can result in more significant price movements. Finally, during the American session, which starts in the morning EST, there is usually the highest trading volume and volatility. This is when major US markets like New York open, and it often sets the direction for the rest of the day. Traders should be aware of these forex time sessions in EST to better understand the potential volatility in the cryptocurrency market.
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